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Update: Market Chatter: Trump Says Exxon, Chevron Making 'Too Much Money'

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(Update with Exxon's response to a request for comment in the last paragraph.)

President Donald Trump said Exxon Mobil (XOM) and Chevron (CVX) are making "too much money" and that "they better cut the retail price," Bloomberg reported Monday, citing comments made by him at the White House.

Exxon declined to comment, while Chevron didn't reply to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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